The long-run growth rate of real GDP for the United States is 3.7%, and the expected real interest rate on corporate Aaa bonds has averaged 1.7%. Assume the growth rate of velocity is 0%, and the rate of growth of the money supply is 7.6%. What is the nominal interest rate in the long run? Please give the answer in percent.

If the money supply drops to 6%, what is the nominal interest rate in the long run? Please give the anwser in percent.